Data / Crowdfunding / Ohio / Bakery on the Square
Bakery on the Square: crowdfunding raise on Honeycomb Portal LLC, $10,000 to $21,800 (2019)
Bakery on the Square, a general partnership in Andover, OH, filed a Form C with the SEC on April 30, 2019 to raise $10,000 to $21,800 in debt through Honeycomb Portal LLC. The offering closed on June 13, 2019. In its most recent fiscal year it reported $52,132 in revenue and $4,789 in net income, with 4 employees.
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- Website
- www.bakeryonthesquare.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 34 PUBLIC SQ, Andover, OH 44003
- Legal form
- General Partnership
- Jurisdiction
- OH
- Incorporated
- January 1, 2019
- SEC CIK
- 0001771760
Offering terms
From the amendment filed April 30, 2019.
- Security
- Debt
- Price
- $1.00
- Target
- $10,000
- Maximum
- $21,800
- Deadline
- June 13, 2019
- Portal compensation
- Based on total offering amount: $10k-$19,999 = 8.0% of total offering $20k-$21.8k = 7.0% of total offering + 2.85% per investment (capped @ $37.25) + $250 posting fee.
Financials
From the Form C-AR filed April 30, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $52,132 | $0 | sec.gov |
| Cost of goods sold | $16,925 | $0 | sec.gov |
| Net income | $4,789 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $65,772 | $0 | sec.gov |
| Cash | $5,000 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $19,965 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 30, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| June 26, 2019 | Progress update | $10,000 | $21,800 | June 13, 2019 | Offering raised $21,650 | sec.gov |
| April 30, 2019 | Amendment | $10,000 | $21,800 | June 13, 2019 | correction of typo in offering statement document. | sec.gov |
| April 11, 2019 | Offering | $10,000 | $21,800 | June 13, 2019 | sec.gov |
Updated April 30, 2020. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.